Versaggi Shannon 4

What Happened

• Shannon Versaggi, EVP of Marketing, Category Management & Pricing at SiteOne (SITE), had 515 restricted stock units (RSUs) convert into common shares on February 7, 2026. Of those 515 shares, 196 were withheld to cover tax withholding obligations at $150.01 per share, generating proceeds of about $29,402. The remaining 319 shares were delivered to her net.
• This was a scheduled RSU vesting/settlement (not an open-market purchase or a discretionary sale); the withholding is a routine tax-satisfaction disposition rather than a market-sale signal.

Key Details

• Transaction date: February 7, 2026; filing date: February 10, 2026.
• Conversion: 515 RSUs converted into 515 common shares (reported as derivative exercise/conversion, code M).
• Tax withholding: 196 shares surrendered/disposed at $150.01 per share for ~$29,402 (code F).
• Net shares issued to insider: 515 − 196 = 319 shares.
• Footnotes: F1 confirms these were RSUs converting one-for-one to common stock. F2 notes the RSUs were from a Feb 7, 2024 grant of 2,062 RSUs vesting in four equal annual installments beginning Feb 7, 2025.
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: filing dated Feb 10, 2026 reporting the Feb 7 transaction; no late-filing indication provided in the supplied data.

Context

• RSU vesting and share-withholding for taxes is a common, routine corporate event; the withheld shares are used to satisfy tax obligations and do not necessarily indicate a decision to sell shares on the market.
• The Form 4 used code M to report the conversion/exercise of the derivative (the RSUs), and code F for the tax-withholding disposition.